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InstaPay to connect with pan-African payment system as six Egyptian banks apply for integration
PAPSS-InstaPay integration would let Egyptian traders settle with African counterparts in local currency, but the near-term impact is limited
Valu secures EGP 600 mn from EBRD to widen access to eco-conscious products
Plus: Afreximbank’s USD 100 mn refinery breaks ground this year
IBF & Company doubles down on logistics with Techno Metal acquisition
Plus: Lucky lands USD 23 mn in Series B round, Madinet Masr launches Day 2 Night integrated complex
CBE and Afreximbank ink MoU to study pan-African gold bank and accredited Egyptian refinery
Good afternoon, friends, 2026 is around the corner and the headlines are matching the pace as 2025 grinds to a…
Hassan Allam lands USD 250 mn Afreximbank African Trade Center contract — will it unlock more funding for Egypt?
The Afreximbank African Trade Center will be the bank’s largest complex to date and will house its new global headquarters
StonePine Ace offloads its entire Taaleem stake
PLUS- Schneider Electric completed an EUR 8 mn expansion of its Badr City factory
Japan’s Saraya mulls another two SCZone projects. PLUS: Yacht tourism, City Lab + Cairo Clinical Labs, Afreximbank, Instapay, Mermec, Kima, Exits, Eagles Fert, Sky Abu Dhabi, Azimut
The projects would come as part of the second phase of the company’s USD 25 mn investment plan in Egypt
JICA to soon disburse USD 300 mn loan for the fourth line of the Cairo Metro. PLUS: Tagaddod, Organi Group, QNB Al Ahli, Friday Ice Cream, Mediterraneo, Arkan Palm
The first phase of the line — which will connect Cairo, Giza, and the outskirts of Sixth of October city…
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